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That's true - the hills, whales, architecture, and density that attracted bohemians before aren't going anywhere The people on the sidelines will definitely pr
by jmoak3 4y ago
That's true - the hills, whales, architecture, and density that attracted bohemians before aren't going anywhere
The people on the sidelines will definitely provide a floor to the prices of the homes.
Home prices aside though the loss of the lucrative office workers buying lunch and renting offices will decrease tax revenue.
Unless someone has any examples of a city that has navigated a downsizing well I do believe the QoL in 5 years will be worse than today's (provided we don't see an epic return to office).
The question for people invested in the region is: "how much would demand from sideline people for these properties change if QoL was worse?"
EDIT: Reworded the heck out of this
EDIT: again